Connect with us
Prague Gaming & TECH Summit 2024

Artificial Intelligence

Aircraft Flight Control System Market is Estimated to Hit USD 20.84 Billion by 2028 at a CAGR of 6.03% from 2022 to 2028; Surge in Demand for Commercial Aircraft due to the Substantial Growth in Air Travel to Fuel Market Growth

Published

on

<!– Name:DistributionId Value:8794352 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value: –> <!– Name:CustomerId Value:1257425 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:11e3a2ab-8e0e-4b79-a02d-9744e3f5b2a5 –>

Westford USA, March 23, 2023 (GLOBE NEWSWIRE) — The aircraft flight control system market is expected to experience significant growth in the North American region, driven by various factors such as the increasing adoption of modern technologies, growing global connectivity, and the surge in air travel worldwide. As a result, the market has witnessed a substantial boost in recent years, with manufacturers emphasizing reducing the weight of aircraft flight control systems, resulting in the increased adoption of fly-by-wire and active flight control units. In addition, with the increasing number of passengers and cargo being transported through air travel, there is a growing need for advanced and efficient flight control systems to enhance safety and improve aircraft performance.

According to SkyQuest’s research and analysis, the aviation industry in Asia is experiencing significant growth, with India and China leading the way. In 2022, the Indian aviation ministry approved the construction of 21 new Greenfield airports in the country, signaling a major expansion of its air transportation infrastructure. Likewise, with an annual growth rate of 4.2%, China’s aviation industry is expected to continue its upward trajectory and create substantial opportunities for aircraft flight control system manufacturers by 2035.

Browse in-depth TOC on “Aircraft Flight Control System Market”

  • Pages – 273
  • Tables – 118
  • Figures – 67

An Aircraft Flight Control System (AFCS) is a crucial component of an aircraft that manages the flight dynamics and controls the movement of an aircraft during flight. The AFCS uses sensors, computers, and actuators to interpret data and provide control signals to the aircraft’s control surfaces, such as the rudder, ailerons, and elevators. The AFCS is responsible for various critical functions during flight, including stabilizing the aircraft, maintaining its altitude and heading, and controlling its speed.

Prominent Players in Aircraft Flight Control System Market

  • Parker Hannifin Corp.
  • BAE Systems Plc.
  • Saab AB
  • Woodward Inc.
  • Honeywell International Inc.
  • Moog Inc.
  • Safran SA
  • Liebherr-International AG
  • Thales Group
  • Genesys Aerosysystems
  • Lockheed Martin
  • Curtiss-Wright Corporation
  • Collins Aerospace
  • United Technologies Corporation

Get a sample copy of this report:

https://www.skyquestt.com/sample-request/aircraft-flight-control-system-market

Commercial Aviation Segment to Grow Swiftly due to High Demand for New Aircraft, Stringent Safety Regulations, and R&D Investments by Manufacturers

The aircraft flight control system market has witnessed significant growth in recent years, and the commercial aviation segment has been a key driver of this trend. In 2021, the commercial aviation segment remained the high growth driver in the market, and this trend is expected to continue from 2022 to 2028. Firstly, the rise of low-cost carriers and increasing passenger traffic has led to a higher demand for aircraft, increasing demand for flight control systems. Additionally, implementing advanced technologies such as fly-by-wire and automated flight control systems in commercial aircraft has further boosted the demand for flight control systems.

The aircraft flight control system market is expected to grow significantly in the coming years, with North America leading the way. In 2021, North America already contributed a substantial revenue share in this market, and projections indicate that this region will likely gain even higher momentum by 2028. One of the key factors is the increasing demand for advanced flight control systems that offer enhanced safety and performance. In addition, as the aviation industry continues to evolve, airlines and aircraft manufacturers are looking for innovative solutions to help them stay ahead of the competition.

Browse summary of the report and Complete Table of Contents (ToC):

https://www.skyquestt.com/report/aircraft-flight-control-system-market

Retrofit Segment to Exhibit Strong Growth as Retrofitting allows Airlines to Extend Life of Existing Fleets While also Upgrading their Performance and Safety

The retrofit segment emerged as the fastest-growing category in the aircraft flight control system market in 2021, and the growth prospects look positive from 2022 to 2028. The increasing demand for retrofitting in the aviation industry can be attributed to several factors, such as the need for modernization and the rising demand for fuel-efficient aircraft. In addition, as airlines strive to reduce operational costs and enhance the safety and reliability of their aircraft, retrofitting has become a popular solution. Moreover, the adoption of new technologies, such as artificial intelligence and machine learning, is expected to fuel the segment’s growth.

The aircraft flight control system market in the Asia Pacific region witnessed impressive growth in 2021. The future looks bright for the target industry as a whole as it gears up for remarkable progress by 2028. SkyQuest’s latest research indicates that the Shanghai Pudong International Airport has commenced its fourth phase of expansion to accommodate the ever-increasing number of air travelers. With this expansion, the airport is projected to handle up to 125 million passengers annually by 2030. In addition, governments and private investors are pouring in significant amounts of money to build new airports, upgrade existing ones, and develop new technologies that can enhance the safety and efficiency of the aviation sector.

SkyQuest, a well-established market research firm, has recently published a detailed report on the aircraft flight control system market. Investors looking for lucrative investment opportunities in the market can benefit from the information presented in the report. The research findings can assist investors in making informed decisions, identifying high-potential investment prospects, and navigating the complex landscape of the market. In addition, the report highlights the growing demand for efficient, reliable, and safe aircraft flight control systems, driven by the expanding commercial aviation sector and increasing air traffic.

Speak to Analyst for your custom requirements:

https://www.skyquestt.com/speak-with-analyst/aircraft-flight-control-system-market

Key Developments in Aircraft Flight Control System Market

  • Skyryse, a leader in the aviation industry, has recently introduced a new addition to its fleet – the IFR Capable Robinson R66 aircraft. This innovative helicopter is designed to provide pilots with greater capabilities and enhanced safety features. These include crash-resistant fuel tanks, energy-absorbing seats, and a durable airframe design.
  • Lilium, the Munich-based aviation company, has announced a major partnership with Collins Aerospace, a subsidiary of Raytheon Technologies. The collaboration will see Collins Aerospace provide the flight control system for Lilium’s innovative aircraft. With Collins Aerospace’s expertise in aviation technology and experience in flight control systems, Lilium will be able to accelerate the development of its eVTOL aircraft and bring it to market more quickly.
  • Exail, a renowned company in the aviation industry, has announced that it has been awarded a contract to develop and deliver a full-flight simulator for the French E-3F aircraft. The simulator will be designed to provide highly realistic training for E-3F pilots, enabling them to experience a range of flight scenarios in a safe and controlled environment.

Key Questions Answered in Aircraft Flight Control System Market Report

  • How can companies leverage technology and data analytics to stay competitive in high-growth sectors, and what are some best practices for adapting to rapidly changing market conditions?
  • What are some effective strategies for staying informed about emerging trends and technologies in your industry, and how can companies proactively identify and respond to these developments?
  • How can companies ensure compliance with government policies and regulations that impact their industry, and what are some common challenges companies may face in navigating these regulations?

Related Reports in SkyQuest’s Library:

Global Wireless Microphone Market

Global Business Intelligence (Bi) Market

Internet of Things (IoT) in the Retail market

Global Network Automation Market

Global Data Center Market

About Us:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

Address:

1 Apache Way, Westford, Massachusetts 01886

Phone:

USA (+1) 617-230-0741

Email: [email protected]

LinkedIn Facebook Twitter

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Gilbarco Veeder-Root champions fuel efficiency, clean fuels and diesel rebate solutions in mining

Published

on

gilbarco-veeder-root-champions-fuel-efficiency,-clean-fuels-and-diesel-rebate-solutions-in-mining

JOHANNESBURG, March 28, 2024 /PRNewswire/ — Global leader in technology solutions OEM Gilbarco Veeder-Root (GVR) is dedicated to enhancing operational performance by delivering comprehensive end-to-end wetstock, industrial, mining, and business-to-business solutions, all tailored to meet the specific needs of the customer.

 
 
By encompassing every aspect of mining operations, GVR commercial and industrial Middle East and Africa director Westtar Kapito says, “the company is setting new benchmarks for fuel efficiency, safety and sustainability within the mining industry”.
As part of a holistic approach to mining excellence, Kapito explains that Gilbarco’s integrated fuel and fleet management technology solutions are designed to address the multifaceted challenges of the mining industry.
Some of these facets include wetstock control, equipment maintenance and management, fleet management and automation, compliance monitoring and environmental sustainability, as well as driving productivity and profitability through innovation.
In addition, the introduction of Gilbarco’s clean fuel solution exemplifies the company’s commitment to maintaining equipment integrity and performance.
This technology, GVR says, monitors in real-time the status of up to 16 “clean fuels” key performance matrices, thereby ensuring that dirty fuel is flagged and not transferred into mining equipment which would affect engines and injectors and thus lower productivity.
Gilbarco’s comprehensive site automation solutions empower mining companies with critical data analytic insights, facilitating efficient monitoring and management of fleet and fuel inventory. Gilbarco’s dataFLEX360 platform plays a pivotal role, offering near real-time reporting and analytics to drive informed decision-making and operational agility.
dataFLEX360 is a Web-based, cloud-hosted strategic operational insights platform. The system ensures accurate, reliable and relevant reporting of all fuel, fleet and asset transactions, and provides for proactive corrective measures to reduce complex reporting and gives a consolidated and comprehensive view across all sites and assets.
With reconciliations at its core, dataFLEX360 provides solution accuracy on operational data.
Integral to the company’s solutions is compliance with Global Industry Standards and environmental stewardship, from leak detection to vapour recovery and clean fuel technologies. Gilbarco’s products are designed to ensure compliance and minimise the carbon footprint of mining operations.
Additionally, through the company’s innovative telematics technology and the data generated, it can systematically and seamlessly generate South African Revenue Services- (SARS-) compliant fuel rebate reports for any selected tax period.  
GVR’s technology provides a full audit trail required for eligibility for SARS rebates, and its reporting platform simplifies logbook and data gathering required, enabling successful rebate claims and return on investment.
Photo – https://mma.prnewswire.com/media/2373644/Gilbarco_Veeder_Roots_MEA.jpg

View original content:https://www.prnewswire.co.uk/news-releases/gilbarco-veeder-root-champions-fuel-efficiency-clean-fuels-and-diesel-rebate-solutions-in-mining-302102415.html

Continue Reading

Artificial Intelligence

Invoca Wins CX Today Award for Best Conversational Intelligence Solution of 2024; Launches European Data Centre and Adds UK Sales Leader

Published

on

invoca-wins-cx-today-award-for-best-conversational-intelligence-solution-of-2024;-launches-european-data-centre-and-adds-uk-sales-leader

CX Today recognises Invoca as the foremost visionary in the Conversational Intelligence category. Additionally, expands its European presence with a new Data Centre and the appointment of Duncan MacPherson as UK Director of Sales.
LONDON, March 28, 2024 /PRNewswire/ — Invoca, the leading revenue execution platform for revenue teams, has won the CX Today Award for ‘Best Conversational Intelligence Solution’ of 2024. CX Today, the leading international news publication honouring excellence in CX technology, hosted the CX Awards to honour excellence in CX leadership, technology innovation, and industry success.

“Invoca’s exceptional work in conversational intelligence has helped push the category forward, and we are thrilled to see their accomplishments acknowledged at CX Awards 2024,” said Charlie Mitchell, Senior Editor at CX Today and host of the awards.
The award recognises Invoca’s strength in empowering revenue teams across marketing, contact centre sales, and customer experience to enhance buying experiences, increase high-value leads, and boost revenue. For businesses that acquire customers over the phone, Invoca enables these digital marketing and contact centre teams to collaborate to drive revenue growth. Invoca stands out for capturing deep insights from consumer calls and digital interactions and ingesting revenue driven by calls and other metadata from CRM and contact centre solutions, making Invoca the source of truth for consumer engagements.
“We’re thrilled to be named the Best Conversational Intelligence Solution of 2024 by CX Today as we highlight our longstanding vision to help brands acquire customers and grow their revenue,” said Gregg Johnson, CEO of Invoca. “As AI pioneers in this space, having first introduced our broad base of patented AI technologies in 2015, artificial intelligence and machine learning are core to helping companies improve the customer experience and connect the buyer journey.”
The CX Awards’ judging panel, including Dan Miller, Lead Analyst at Opus Research, reviewed hundreds of applications for their organisation’s ability to improve overall customer experience through innovation and high-impact features.
“Invoca continues to demonstrate that they are a clear leader in conversational intelligence AI. We recognised Invoca for their ability to employ a sophisticated blend of AI technologies — including patented machine learning, generative AI, voice biometrics, and deep learning neural networks, to drive revenue,” said Dan Miller, CX Awards judge and Lead Analyst at Opus Research.
Invoca Launches New European Platform and Data Centre Amid U.K. Sales Leadership Expansion
Invoca continues to reinforce its commitment to maintaining data excellence with unwavering reliability and strict adherence to security standards. Protecting customer data privacy remains a top priority, particularly given the heightened concerns surrounding security and privacy. Invoca’s new European platform and localised data centres support its growing customer base by ensuring all customers can adhere to the highest level of enterprise-grade data privacy, and GDPR compliance standards. Invoca’s powerful EU-based infrastructure enables its customers to recreate the same Invoca experience using the full feature suite while maintaining the highest standards of quality.
Invoca has also welcomed Duncan MacPherson as UK Director of Sales. MacPherson brings extensive experience with large companies and start-ups selling customer engagement solutions. This is part of an overall expansion in the UK market, which includes hiring a localised sales and customer success team, sales development, and marketing support.
More Information:
See the results you can get with Invoca’s award-winning conversation intelligence: https://www.invoca.com/customersInvoca’s GDPR Compliance: Everything You Need to Know: https://www.invoca.com/blog/invocas-gdpr-compliance-everything-you-need-to-knowWatch the CX Today Awards winners revealed on demand: www.cxtoday.com/cxawardsJoin Invoca’s talented team today: https://www.invoca.com/company/careersAbout InvocaInvoca is a revenue execution platform that connects marketing and sales teams to help them track and optimise the buying journey to drive more revenue. By using a comprehensive revenue execution platform with deep integrations with leading technology platforms, revenue teams can better connect their paid media investments directly to revenue, improve digital engagement, and deliver the best buyer experiences to drive more sales. With Invoca, top consumer brands, including AutoNation, DIRECTV, Mayo Clinic, Mutual of Omaha, and Verizon, experience unbelievable results powered by undeniable data. Invoca has raised $184M from leading venture capitalists, including Upfront Ventures, Accel, Silver Lake Waterman, H.I.G. Growth Partners, and Salesforce Ventures. For more information, visit www.invoca.com.
About CX AwardsHosted by CX Today, the awards ceremony has become the beacon of recognition for companies and professionals pushing the envelope in the CX technology sphere.
The CX Awards 2024 is here for its fourth year and is bigger and better than ever before! Winners of the 2023 awards included Vonage, Calabrio, and UJET and more. Then, the ceremony included exclusive streams from our people winners, Jay Patel from Webex and Kimberley Wood from Ultimate. Yet, this year’s event featured many more CX leaders who shared their unique takes on the space.
Photo – https://mma.prnewswire.com/media/2373968/Invoca___CXToday___PR_Newswire_Image___2700x1080___v_1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/invoca-wins-cx-today-award-for-best-conversational-intelligence-solution-of-2024-launches-european-data-centre-and-adds-uk-sales-leader-302102358.html

Continue Reading

Artificial Intelligence

ASC Achieves Certification for Webex Calling

Published

on

asc-achieves-certification-for-webex-calling

ASC announces compliance recording and AI-driven analytics tool for Webex Calling
HÖSBACH, Germany, March 28, 2024 /PRNewswire/ — ASC Technologies, a leading provider of comprehensive recording and analytics tools, announces its successful certification for Webex Calling with Webex by Cisco, a leading provider of collaboration technologies powering hybrid work and customer experience. This certification distinguishes ASC as one of the few global vendors who are authorized to provide record capabilities for Webex Calling communications. This capability is essential for organizations in regulated industries that must adhere to strict compliance standards.

A key benefit of the ASC solution is the simple and fast configuration in the Webex Control Hub, which ensures a high level of user-friendliness. In addition, ASC enables the migration of on-premise solutions to the cloud by seamlessly transferring recordings to the cloud environment. This step enables organizations to accelerate their digital transformation and take advantage of cloud-based services. In addition, AI-driven analytics, powered by ASC’s solutions, help organizations gain a comprehensive view of their communications, enrich customer relationships, and streamline compliance and risk management processes.
“As a stable company that has been established in the market for 60 years, we see the certification for Webex Calling not only as a confirmation of our technological expertise, but also as a promise to our customers and partners,” says Dr. Gerald Kromer, CEO of ASC. “We are committed to providing innovative and reliable solutions that meet the demands of today’s communications technologies while ensuring our customers’ compliance requirements.”
This certification is a further milestone in ASC’s successful partnership with Cisco, which has already existed for 20 years. ASC will be exhibiting at Enterprise Connect in Gaylord Palms, and Cisco Live in Las Vegas, showcasing its innovative recording and analytics solutions and demonstrating the results of its collaboration with Cisco. These events offer a glimpse into how ASC’s solutions drive efficiency and insight.
About ASC
ASC is a worldwide leading provider of software and cloud solutions in the field of omni-channel recording, quality management, and analytics. Among our target groups are all companies that record their communications, especially financial service providers, contact centers, and public safety organizations. We offer solutions for recording as well as AI-based analysis and evaluation of all communications – with full flexibility as a cloud service, on-premise or as a hybrid solution. Headquartered in Germany with subsidiaries in 14 countries and experienced system integration partners in over 60 countries, ASC is the #1 Europe-based player in its industry.
About Webex by Cisco
Webex is a leading provider of cloud-based collaboration solutions which includes video meetings, calling, messaging, events, customer experience solutions like contact center and purpose-built collaboration devices. At Webex, we start with people and their experiences first. This focus on delivering inclusive collaboration experiences fuels our innovation, which leverages AI and Machine Learning, to remove the barriers of geography, language, personality, and familiarity with technology. Our solutions are underpinned with security and privacy by design. We work with the world’s leading business and productivity apps – delivered through a single application and interface. Learn more at webex.com.
Logo: https://mma.prnewswire.com/media/2003160/ASC_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/asc-achieves-certification-for-webex-calling-302102352.html

Continue Reading

Trending